IPCA Laboratories - 2 month weekly high + trendline breakout

Ipca Labs has moved out of a 9 month long consolidation/decline as shown by the chart.

Ipca Labs can be bought here as a medium term trade/investment.

Targets : 2450 (prior high) and higher (open target since stock will be in new territory)

Stop Loss: 2085 WCB (3 week closing low is 2089). A deeper but more logical SL is 2045 WCB.